How collaboration unlocked a £4.75m estate refinancing deal
By Luke WatsonWhen broker, lender and valuer combine their expertise, complex transactions can be visualised and opportunities arise
Section: magazine
The most interesting specialist lending deals rarely fit neatly into a box. Hotels, leisure assets, mixed-use estates and properties with future development potential don't always fit neatly into traditional lending criteria. However, for experienced brokers and specialist lenders, these are often the transactions where genuine value can be created.
Success in these markets depends on more than simply assessing bricks and mortar. It requires lenders, brokers and valuers to understand the wider story behind an asset, the borrower's long-term objectives and how the business will evolve over time.
A recent £4.75m bridging transaction completed by Recognise is a good example.
Read the full column here.
Keywords: Broker relationships, Bank, Property bank, Specialist property finance, collaboration, brokers, lenders, bridging lender, real estate deal, case study